80 k is plenty don't worry about that,
That's alot of money for anyone.
I get what your saying" I totally do "
BUT
this is how I see it and we all have our own views and that's fine.
SAS are looking for an institution investor now as said by MM ,
and as the everblu report states,
it will NOT be for a discounted price.
So by having sell as sentiment and I know your doing it to maybe save someone some coin it may do the opposite affect.
They can buy 1 mill shares now for $60k
If we get institution investor for no discount then you have to agree this could very easily doubble so now they will need 120k for 1 mill shares.
Worst case and I don't think they will do this as stated to me by Brett
BUT
If they do a CR as you say yes maybe it will be let's say 5c and they can have 1 mill shares for 50k so your saving them 10k.
But if your wrong you could be costing them $60k.
So as an investor long term investor it's a no brainer (as yourself by not selling)
I rather save 60k than 10k
So I would get in now that's what I would do and everyone has their own mind what to do and what's the best option for themselves.
Also by getting in now it helps SAS when they get the funds from the institution investor.
The lower it goes the worse off it is.
That's the stock market if we knew it all we would be billionaires
We all have different views I don't agree with yours but I respect it.
- Forums
- ASX - By Stock
- SAS
- Ann: Appointment of Independent Non-Executive Director
Ann: Appointment of Independent Non-Executive Director, page-67
-
- There are more pages in this discussion • 80 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)